Global Hops Market – Analysis and Forecast to 2020

IndexBox Marketing has just published a new report “World: Hops – Market Report. Analysis and Forecast to 2020”

Germany seized control of the hop market. In 2014, Germany exported 18 thousand tonnes of hop totaling 186 million USD, 6% over the previous year. Its primary trading partner was the U.S., where it supplied 14% of its total hop exports in value terms, accounting for 68% of the U.S. total imports.

Overall, the global hop trade dropped to 377 million USD, with a CAGR of -1% from 2007 to 2014. In physical terms, the volume of trade was the same as in 2007, accounting for 41 thousand.

In 2014, Germany (11%), the U.S. (10%), Japan (9%), the United Kingdom (9%) and China (8%) were the leading destinations of hop imports, together making up 47% of global imports. The share of Brazil increased (+4 percentage points), while the share of the Russian Federation illustrated negative dynamics (-3 percentage points).

The U.S. and the Czech Republic were among the other main global suppliers of hops in 2014 with a combined share of 33% of global exports. However, the fastest growing exporters from 2007 to 2014 were Lithuania (+88% per year) and Australia (+27% per year). The U.S. strengthened its position in the global export structure, from 14% in 2007 to 21% in 2014.

“World: Hops – Market Report. Analysis and Forecast to 2020” provides an in-depth analysis of the global hop market. It presents the latest data of the market size and consumption, domestic production, exports and imports, price dynamics and turnover in the industry. The report also features current sales data, allowing you to identify the key drivers and restraints. Additionally, a strategic analysis of key factors influencing the market is provided, as well as profiles of the leading companies and brands. Forecasts illustrate how the market will be transformed in the medium term.